The price of BNB hasn’t fallen below its previous low, and it’s showing some strong signs of heading up. After a spell of moving downward, the Binance Smart Chain’s native token is aiming for an upward bounce back towards its earlier high. Technical Indicators Point Toward Sustained Uptrend For BNB To figure out where the…
BNB price is attempting a fresh increase from the $515 zone. The price could gain bullish momentum if it clears the $572 resistance zone. BNB price started a fresh increase after it found support near the $515 zone. The price is now trading below $555 and the 100 simple moving average (4 hours). There was…
The outlook for Binance Coin (BNB) has turned cloudy, with both futures market data and technical indicators flashing bearish signals. Based on our analysis of Coinglass data, negative funding rates and declining open interest in BNB futures contracts paint a picture of growing pessimism among traders. A negative funding rate suggests that more traders are…
BNB price is attempting a fresh increase from the $545 zone. The price could gain bullish momentum if it clears the $585 and $590 resistance levels. BNB price started a fresh increase after it found support near the $545 zone. The price is now trading above $560 and the 100 simple moving average (4 hours).…
BNB price is attempting a fresh increase from the $500 zone. The price could gain bullish momentum if it clears the $588 and $610 resistance levels. BNB price started a fresh increase above the $520 and $540 levels. The price is now trading above $575 and the 100 simple moving average (4 hours). There is…
BNB price rallied further above $600 before it faced sellers. The price corrected gains and now testing an important support at $500. BNB price started a downside correction from the $645 resistance zone. The price is now trading near $515 and the 100 simple moving average (4 hours). There is a key bearish trend line…
After a six-week run, altcoins are cooling off, leading some to fear the worst. However, in a post on X, one crypto analyst urges calm, saying the dip is a normal part of any bull market and may even present opportunities for discerning traders and investors. Altcoins bullish wave | Source: Analyst via X Altcoins Drop,…
The dominance war is on. CoinMarketCap data shows that Solana and BNB Chain, two popular smart contracts platforms after Ethereum, are emerging as strong contenders. In a post on X, one crypto analyst notes that SOL and BNB, the native currencies of Solana and BNB Chain, respectively, have been growing, subsequently expanding the market caps…
BNB price is gaining bullish momentum above the $550 resistance. The price is showing positive signs and might extend its rally above $650. BNB price is up over 15% and it broke the $600 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a key…